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Jan 4, 2013 3:00pm EST
. using the debt ceiling i think is the wrong place to draw the line in the sand. i think speaker gingrich is right, that if they do draw the line in the sand there, they will end up at the end of the day just folding, you know. let's start negotiating today. >> what other leverage -- >> let's get the fiscal house in order. let's bring people together and actually do something instead of talk about it. >> what other leverage is there unless you -- i mean, there would be no tax deal from the other night if there had not been a fiscal cliff deadline. now we have a debt ceiling deadline. what other leverage do you have to bring people to the table with a sense of urgency? >> you have good leverage, the expiration of the sequester in two months. you have the end of a continuing resolution where they could shut the government down. we've got lots of ways to put pressure on the administration and the congress to actually take some responsible action without putting in jeopardy the full faith and credit of our government. >> do you really believe the full faith and credit of the u.s. government i
FOX Business
Jan 4, 2013 11:00am EST
ceiling increase, he will have to come to congress, get an agreement and the boehner rule is in place. you want a trillion dollars in additional debt ceiling because that is the rate at which obama is running up deficits. you choose. we did this in 2011. the president gave up $2.5 trillion. give me your prediction. are you confident to say that there will be no more tax increases? >> yes. you cannot raise taxes now that we have gone past this stupid fiscal cliff. you cannot do that without the republican house of representatives voting yes. without the democrat senate voting yes. none of them want their fingerprints on obama's tax increases. they will be in the witness protection program. the republicans will cheerfully vote no. i do not even be in the room when you allow a tax increase to happen. they were voting against. you have a very very angry republican party in the house. it is about time. we need it. connell: thank you for coming on. grover norquist. the huge loss of life in syria. there seems to be little hope to ending the fighting. these numbers are just awful. then the reelect
Jan 4, 2013 4:00am PST
postponed spending cuts for two months and left the debt-ceiling situation unresolved. "the big spending cuts didn't occur. we just don't know where those are at yet." and then there's the cost of obamacare. in some places, small companies are said to be preparing to downsize to get under the 50-employee cut-off. "companies just aren't taking chances. they're worried the economy will turn south. they're willing to stand pat rather than hire any time soon." sectors with the fewest layoffs include construction, retail, electronics, industrial goods, healthcare and government - the last two, healthcare and government, partly due to the ramping-up of obamacare. "they are hiring to create a cost-savings program for government to improve cost- efficiency. they hope to achieve a $400-million savings for an $80-million cost." for the year, the biggest reasons for layoffs were tied to company restructuring and closing of facilities. the deep political divide over whether to raise the debt ceiling is the next issue out of washington that could stall out business on wall street. republicans are vow
Jan 4, 2013 5:00am EST
months and the possible the fault of the government when the country to the debt ceiling. house speaker john boehner, despite rebellion g some conservatives, says that he hopes the new congress rise to meet the country's extraordinary challenges. tahman bradley, abc news, washington. >> 33 degrees on this friday morning. >> still ahead, if you thought favorite singer could hold a note. until you hear one of you were singing "hail to the redskins." >> and a decision on whether redskins." >> and a decision on whether -- google fav man: at turbotax, we know this is more than a paycheck. we know all the hammering, dg,ving, writing, nursing, and teaching it took to earn it. so we give you the power to keep as much of your hard-earned money as possible. our customized interview covers everything from a service member's deployment, to a student's loan interest, right down to a teacher's crayons. you've worked hard to earn your money. we're here to help you keep it. turbot t-- the power to keep what's yours. try it free at haaaaaaaaaaaaaaaaaaaaa ail e]olding a not to the redskins
Jan 4, 2013 7:00am EST
in the debt ceiling, i believe there is going to have to be a commitment by the administration as well as congress to production before we can have agreement to raise the debt ceiling. host: i could be the entire piece by eugene robinson, but i will share the first sentence. critical.s clearly i understand that solutions by nature are imperfect. but the reality is we have got to do these things that we are talking about. we need to do it in a thoughtful, open, transparent way, not. at the last not i think that is what he's referring to. when you do it up against these deadlines, a way to do business. we talked about it earlier. i hope that running into the deadline on the fiscal cliff is something that congress will take into account as we work on the debt ceiling agreement and that we can get it done before the deadline. remember, you have talked about how president obama, speaker boehner will approach these things, we've got to have people talking to each other and we've got to get to solutions before the 11th hour to avoid that. that is absolutely what we can do. host: we agreed to
Jan 4, 2013 9:00am EST
am not sure the debt ceiling is the appropriate place to do it because you're playing russian roulette with the u.s. and perhaps even the world economy. i understand the frustration of people to say, well, we do not do that, how are we going to do it? there has got to be some of the pressure involved in forcing these changes. see, what happened last weekend with this fiscal cliff and the bill that passed? it was fine, but it is a tiny part of the solution to this debt problem. it really did not do much. what happened this past weekend was the easy part. the hard part is going to be serious spending cuts and perhaps some additional revenue, not from raising rates but from rebuilding the tax code in a more fair and rational way and bringing the debt down. host: we have been going through a number of opinion pieces this morning. this is from the "new york times." the battle of the budget -- guest: i think that is an overstatement. i think there is a much narrower debate going on, and that is what is the appropriate and size of government? you can break it down into the numbers. r
FOX Business
Jan 3, 2013 11:00pm EST
just watch, neil shall the debt ceiling debate comes up we're going to get serious now. are we? >> i think it's going to be very hard to get cuts. what washington doesn't want to do is cut anything, and that was the overriding idea of this debate. and the republicans kind of lost their mojo as they were going along. obama said, if you hold this thing up, i'm going to point a finger at you and republicans should have said, fine, we've got to find a way to cut, mr. president, what are your ideas? and that really never came through in the debate. >> neil: steve, did -- you obviously wanted mitt romney to win and you were working with him and the bottom line, you didn't win. but was thehe election take awa that the americans are saying no to cutting down the government? because democrats seem to be behaving by demanding that entitlements be off the table, by the congressional black caucus demanding medicare be off the table that they seem to be reading it that way. what do you think? >> well, no, the republicans won the house. i mean, and they control the house and the republicans did th
Search Results 0 to 6 of about 7